On the upside !!


Yesterday was a 90% down volume day so on the upside I'm watching the following areas...

ES

1290.75 - 92.75

1297.50 - 1299.75

1307.50

For the NQ I just have one big zone at

1872.50 - 1879

on YM
11522 -11527

11580 - 11600

11650 - 11675

Hope fully we'll get a retest on upside to see what happens

I'm not in the doom and gloom mode..my secret magic bullet indicator tells me that a correction to the upside will unfold but we still need to get through those key areas....as usual the volume, Ticks and number off the open print will guide the way

Good luck today

Bruce
I'm expecting this market to roll over from up at the 1267 area. On Friday the cash dow was the leader while the Nasdaq tanked big and the S&P cash was barely at breakeven....The days that follow this type of divergence are usually the better days to fade gaps up in price...I beleive there trying to run longs in and we may even see an outside bar to the downside today on the S&P futures.....that's my daily prediction....lol